(VIANEWS) – Copper (HG) has been up by 4.38% for the last 10 sessions. At 13:50 EST on Sunday, 25 February, Copper (HG) is $3.87.
Volume
Today’s last reported volume for Copper is 54672, 99.99% below its average volume of 10604484055.5.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be oversold (<=20).
News about
- WTI crude oil weekly forecast: prices turn lower towards near-term support – 25 February 2024. According to DailyForex on Sunday, 25 February, "While it must be said the lower move in WTI Crude Oil may not have been completely based on the report, it certainly was curiously coincidental. ", "If WTI Crude Oil opens tomorrow’s trading with tranquil results and a lack of a sudden run higher, it may indicate sentiment believes the commodity is near an accepted equilibrium, but it also may be a sign that bearish undertones remain strong within the energy sector."
- According to FXStreet on Friday, 23 February, "Even from a technical perspective, Crude Oil prices have been oscillating in a familiar trading range over the past week or so. ", "Meanwhile, the Energy Information Administration reported on Thursday that US Crude Oil inventory rose by 3.514 million barrels for the week to February 16, down sharply from a sizeable build of 12 million barrels previously. "
More news about Copper (HG).
